COVID-19 has fundamentally shifted the business world, leaving companies scrambling to rapidly transform their operations to adjust doing business remotely. More than ever before, companies need to collaborate with external business partners to reduce costs and bring innovations to market more quickly. Managers need to start thinking about how they can use digital transformation to […]
A crisis brings hardships and it takes people to their limits, but a crisis can also bring new opportunities and new ways for collaboration that haven’t been there before. Open Innovation introduces ways to get through, and beyond, the COVID-19 crisis. What do we do, if we have a personal problem that we cannot solve […]
Because innovation is such competitive business companies have to cooperate with R&D performers outside their company in order to keep producing innovative solutions. Proper intellectual property (IP) management in open innovation projects is therefore crucial when innovating through open approaches and old perceptions about IP have to be reevaluated. The essence of Open Innovation […]
Open innovation is all about knowledge sharing. If you are about to implement an open innovation strategy into your innovation process you must rely on your employees sharing their knowledge with their co-workers inside and outside of their organisation. However, research shows that many are not ready to let go of their learnings that they […]
Over the past six weeks we have shared with you five practices that will help your teams to work more efficiently, collaborate better, and establish a good working culture. These practices are helpful for remote workers but can also be used as general guidelines to establish an open innovation culture within your business. Here is […]
When it comes to knowledge sharing, the biggest barrier is the fear of getting replaced. To disrupt that barrier the management needs to create a culture where everybody feels save to share ideas and exchange knowledge without the fear of becoming replaceable. Practices like job enrichment and job rotation should therefore be implemented as a […]
Why is it important to build a positive relationship with your team members? Building a relationship with your co-workers and knowledge exchange partners has many positive effects. It fosters creativity, creates a positive work environment, boosts productivity and it drives innovation. Furthermore, building relationships also enables trust. And as discussed in our last practice, […]
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